The collapse of Silicon Valley Bank in California, along with US crypto-focused Silvergate and Signature banks, has provoked financial regulator the Australian Prudential Regulatory Authority (APRA) to ramp up scrutiny of how exposed local bank are to cryptocurrency and startups. Reports emerged this week that APRA is already asking banks to increase their reporting on… Read more »
Victor Dominello won’t be NSW government minister cutting the ribbon on the fruits of several years of hard work building the Digital ID app. The member for Ryde retires from politics after 15 years when NSW voters go to the polls on March 25. But for the past several years he’s been driving digital innovation… Read more »
Amid a plethora of analysis of Australian venture capital funding in recent weeks, one report truly stands out because it captures the numbers by talking to the venture capital investors involved. The recently released 2nd edition of The State Of Australian Startup Funding report, from Cut Through Venture and Folklore Ventures, reveal a record number… Read more »
The second annual edition of The State Of Australian Startup Funding report was released this week, revealing that overall investment by around 30% to $7.4 billion last year. The analysis, prepared by Cut Through Venture and Folklore Ventures, contained plenty of good news for founders with pre-Seed and Seed investments at record levels in 2022. Fintech continues to… Read more »
US accelerator and investment program Techstars is launching in Sydney this year as part of Tech Central. Applications for the Techstars Tech Central Sydney Accelerator are now open, with a focus on seed and early-stage founders who are building businesses across AI, fintech, advanced manufacturing, cloud computing, robotics, cyber security, quantum computing, creative tech, and… Read more »
Sydney carbon reduction startup Greener has partners with peak retail group, the Australian Retailers Association (ARA) to help small businesses tackle emissions reduction is a simple and affordable way. The partnership will see Greener co-design a new digital solution, called Greener Business, to help ARA members understand and prioritise the steps they can take to reduce… Read more »
Former FlyBuys CEO John Merakovsky is one of three tech heavyweights to join the food supply chain integrity and loyalty solution Orijin Plus. Melbourne-based Merakovsky is the new chair of the Orijin Plus board, bringing a quarter century of digital technology and commercialisation experience to the team. Most recently, he implemented a digital infrastructure overhaul… Read more »
The NSW budget, announced last week, delivered the single-largest investment in scientific research, innovation and technological development in the state’s history – $832.7 million boost over four years. Total investment topped $1.1 billion with $270 million also announced to boost to biomedical research, on top of $119.1 million over 10 years for RNA research and… Read more »
Melbourne-based biotech company Tessara Therapeutics has developed microscopic 3D models of healthy and diseased brain tissues that can be used by researchers to study and discover better, more effective drugs to treat neurological diseases such as Parkinson’s, Alzheimer’s and epilepsy. The ground-breaking technology has been called RealBrain, developed by a team of neuroscientists and biomaterials experts. Because… Read more »
Sydney media startup Ukufu, a AI-powered news content aggregator, is on a rapid rise with more than 50,000 users downloading the Android to stay up to date with what’s happening in the world. Founded by Kevin Garber in 2019, Ukufu.com (pronounced oo-koo-foo), whose previous startup was the Twitter management platform Manageflitter, was inspired by Spotify, how… Read more »
The Australian government has released the Terms of Reference for a review into the taxation of digital transactions and assets such as cryptocurrency as part of its ongoing plan to embrace and regulate the digital assets sector. Appearing on Startup Daily TV today, Senator Andrew Bragg, who led the Senate Select Committee on Australia as… Read more »
Canva co-founders Cliff Obrecht, Melanie Perkins and Cameron Adams will talk about what it takes to scale a company from a living room concept to a global $40 billion company, at the company’s free digital event, Canva Create, tomorrow. Canva Create runs November 16-17, and has a special focus on startups as part of the… Read more »
Tech entrepreneur Mick Liubinskas has mapped the Australian and New Zealand climate tech ecosystem to give everyone a better view of the big picture when it comes to dealing with climate change. His new venture, Climate Salad, has set out to help startup founders building technology solutions to climate problems get more customers, find great people… Read more »
Emily Rich, director of Microsoft for Startups, APAC and partner at M8 Ventures, is on the judging panel for the Pitch Perfect virtual event this Thursday, September 30, at 4pm. Ten local startups will pitch live for more than $200,000 worth of Microsoft Azure cloud credits and more at the event, hosted by Startup Daily and… Read more »
A world-first Australian event delving into the emerging space of non-fungible tokens (NFTs) is being held online this Thursday, September 30. NFT Fest features more than 45 speakers from across Australia and the world with a range of panel discussions and debates about developing and delivering NFT technology solutions and the potential for startups, marketplaces… Read more »
Antler Investor Memo Series: Kidly is taking the pressure off parents to make sure their children have fun
Curdled dreams: ‘raw’ milk startup Made By Cow ceases production as it’s handed to administrators
Female-founded edtech Cleverbean raises $200,000 to reduce teach burnout
The Chainsmokers, Paris Hilton pile into $23 million Series A for expat Australian online shopping startup
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